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Indian Overseas Bank and Deutsche Bank to collaborate on cash management services
Indian Overseas Bank and Deutsche Bank to collaborate on cash management services
Indian Overseas Bank will use Deutsche Bank's global cross-currency payments solution.
Hong Leong targets Gen Y with online deposit account
Hong Leong Bank launched the first truly flexible online fixed deposit account in Malaysia.
Mandiri gets majority stake in new Indonesian lender
A new lender will be created by two Indonesian companies this year.
Indonesia's Bank Mutiara to focus on low-cost funds
Bank Mutiara will increase the proportion of its low-cost funds to total third-party funds.
Malaysian Islamic finance still a work in progress: Regent
More efforts must be made by Malaysian firms to manage risks in the Islamic financial system.
Vietnam's VietinBank aims to lend $25.4-B in 2013
VietinBank has set a lending growth target of 20 percent this year.
Acquisition of Pakistan's Askari Bank gets approval
The Fauji Foundation may now acquire majority shares of the Askari Bank.
KBank's debit card addresses spending habits of young adults
Kasikornbank responded to the needs of customers aged 18-35 with its universal debit card.
Thailand's TMB and Tisco post net profits
TMB Bank's net profit for 2012 was down from the year before due to extra loan provisions.
Malaysians should invest in retirement schemes: HwangIM
Malaysians are not saving enough, according to Hwang Investment Management Bhd.
China's Industrial Bank increase profits by 36%
The net profits of China's Industrial Bank rose to 34.71 billion yuan in 2012.
MOLPay Introduces New Online Payment Solution
MOLPay has introduced a new online payment solution to help local micro-enterprises.
Household loan growth hits 6-year high in S. Korea
South Korean banks' household loans grew at the fastest pace in six years in December.
Maybank centre relaunched at Singapore
The Maybank@MarineParade was officially relaunched by Maybank Singapore.
China's ICBC expands in Korea
ICBC is expanding to cater to the growing business transactions between Korea and China.
Tatarstan to explore Islamic banking with Malaysia
The Republic of Tatarstan is keen to explore collaboration in Islamic banking with Malaysia.
Thai lenders strengthen Southeast Asian presence
Thailand's major banks have further expanded their networks in the region, especially in Myanmar.
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Value migration to non-bank players with a "focused" model is accelerating.
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Why high capital levels are a double-edged sword for Singapore banks